14 November 2014
If TDS is deducted in previous year i.e. in F.Y 2013-14 while making advance payment towards Professional Fees and same has been paid to the dept.
14 November 2014
yes. very much. since you are following accrual basis, you will account for the expense on accrual basis only irrespective of when TDS was deducted.
14 November 2014
yes. very much. since you are following accrual basis, you will account for the expense on accrual basis only irrespective of when TDS was deducted.